Angela Sormani
Kinderhook Industries has acquired ThermaCell Mosquito Repellent division from The Schawbel Corporation. Financial terms were not disclosed.
Kinsail Corporation has been acquired by Accela, a portfolio company of Bregal Sagemount. Kinsail is a provider of recreation and resource management solutions for Federal and State agencies.
Arle Capital portfolio company Parques Reunidos has acquired Florida’s Miami Seaquarium. Parques Reunidos is a global leisure park operator.
Take a break this morning and catch up on the latest private equity and venture capital news including Sun Capital Partners' latest fundraising, how to estimate PE returns from LP cash flows and a need to know about investment multiples.
Advent International has appointed William R. Johnson as an operating partner. Johnson was former chairman, chief executive officer and president of H.J. Heinz Company Limited.
Shell Technology Ventures has backed Veros Systems. Other investors in the business include Austin Ventures, Chevron Technology Ventures and LiveOak Venture Partners. Veros is an industrial asset monitoring company based in Austin, Texas.
tuul has closed a $1.7 million seed round funding. Greycroft Partners led the financing with participation from Raine Group, Streamlined Ventures and others.
The Riverside Company has exited Retail Zoo, an Australian owner of four quick service restaurant concepts. The deal marks Riverside’s 100th exit since its 1988 founding.
HZO has secured $20 million in an oversubscribed round of Series B growth funding. The round was led by Iron Gate Capital with follow-on investments from Translink Capital and Delta Electronics as new investors. Existing investors including Harris & Harris Group, Prudence Holdings and VY Capital also participated in the financing.
Kirkland & Ellis has expanded its Houston office with the addition of transactional lawyers William W. Bos and Anthony H. Speier III. Kirkland opened the Houston office in April with the hire of M&A partner Andy Calder.